Financials in USD. Standardized financial statements.
A compact view of how Adaptive Growth Opportunities Fund Institutional Class turns revenue into operating income and net income.
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $9.65M | $6.73M | $4.25M | $4.77M | $5.22M | $3.08M | $6.23M | $7.95M | $6.79M | $4.72M |
| Revenue Growth? | +43.4% | +58.3% | -10.8% | -8.7% | +69.4% | -50.6% | -21.6% | +17.2% | +43.7% | 0.0% |
| Cost of Revenue? | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $9.65M | $6.73M | $4.25M | $4.77M | $5.22M | $3.08M | $6.23M | $7.95M | $6.79M | $4.72M |
| Gross Margin? | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% |
| Operating Expenses? | $15.86M | $33.22M | $28.13M | $5.92M | $21.87M | $18.21M | $15.10M | $1.45M | $14.59M | $2.37M |
| Operating Income? | $6.68M | $3.48M | $1.34M | $2.28M | $2.63M | $383,341 | $3.50M | $5.35M | $4.18M | $2.27M |
| EBITDA? | $18.57M | -$29.61M | $38.58M | $7.93M | $24.66M | -$12.83M | $17.51M | $5.09M | -$11.09M | $9.96M |
| Income Before Tax | $26.66M | -$24.66M | $40.78M | $12.16M | $29.23M | -$10.50M | $22.95M | $11.12M | -$6.91M | $12.23M |
| Income Tax Expense | $19.98M | -$28.14M | $39.44M | $9.88M | $26.60M | -$10.88M | $19.45M | $5.77M | $0 | $0 |
| Net Income? | $25.25M | -$26.13M | $39.92M | $10.21M | $27.29M | -$12.45M | $21.00M | $10.45M | -$6.91M | $12.23M |
| EPS? | $2.29 | $-2.28 | $3.14 | $1.20 | $3.21 | $-1.46 | $2.47 | $1.23 | $-0.69 | $1.20 |
| Diluted EPS? | $2.29 | $-2.28 | $3.14 | $1.20 | $3.21 | $-1.46 | $2.47 | $1.23 | $-0.69 | $1.20 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality